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excel formula to calculate date of retirement. Without inflation you can assume that 1050000 would be needed in your retirement account while saving to retire. For example you can calculate age in years months and days.
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I need to calculate retirement age. EDATE B3 1260 Here is the date value that was given as cell reference. 12 months per year times the age of 62 years.
To calculate the retirement dates in column D.
Fill all the way down to B42. Press Enter to get the retirement date. The TODAY function returns todays date. In the above formula E2 is the birth date cell you are used and 60 is the retirement age the person will be.
